london forex rush system forex indicator mt4
london forex rush system forex indicator mt4
The London Forex Rush System is a comprehensive London breakout forex method that is widely used by currency traders.
The system is based on a secret trading element and the preceding Tokyo trading range.The indicator will tell you whether to go long, short, or remain put at the start of the London trading day.
Furthermore, the London Forex Rush indicator method will provide you with the precise entry, stop loss (aggressive and conservative), and take profit levels (aggressive and conservative).
London Forex Rush is advised for usage on six currency pairings, including the GBP.
For optimal results, use it on the currency pairings GBP/USD, GBP/JPY, GBP/CAD, GBP/AUD, GBP/CHF, and GBP/NZD.
When trading resumes in London after a calm Asian session, the market experiences bigger price fluctuations, which tend to be in one direction (up or down):
London Forex Rush Indicator In Chart
The London Forex Rush indicator is shown in action on the GBP/USD H1 chart below.
Basic Trading Signals
The London Forex Rush MT4 forex indicator generates simple signals that look like this:
When the London Forex Rush informs you to open a buy transaction, do so.
Use the London Forex Rush-advised SL and TP levels to set your stop loss and take profit targets (visible on the chart).
Signal to Sell When the London Forex Rush urges you to, open a sell trade.
Use the London Forex Rush-advised SL and TP levels to set your stop loss and take profit targets (visible on the chart).
When the indicator on the chart says “NO TRADE,” stay away.
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